House prices in Penzance

Median value — June 2026

£287,126

Modelled from 16,176 properties Stede tracks in Penzance

Market snapshot

£287,126

Median value

£335,735

Average value

381

Sales in the last 12 months

+4%

Change over the past year

Value over time

  • Modelled value
£0£100k£200k£300k£400k20002002200420062008201020122014201620182020202220242026

Modelled month by month from the UK House Price Index, averaged across every property type Stede tracks here.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled value
2000£80,201
2001£95,196
2002£130,024
2003£153,974
2004£183,172
2005£186,709
2006£201,151
2007£214,581
2008£186,450
2009£189,560
2010£197,227
2011£189,702
2012£187,213
2013£192,622
2014£201,575
2015£212,514
2016£212,120
2017£223,761
2018£231,162
2019£235,403
2020£259,488
2021£279,421
2022£312,954
2023£296,377
2024£293,956
2025£287,542
2026£287,126

Property types

  • Mid-terrace house41%£248,515
  • Detached house28%£436,890
  • Semi-detached house16%£299,507
  • Flat / Maisonette11%£162,862
  • Property4%£237,229

Areas and streets in Penzance

About this area

Penzance, in Cornwall, is a town. Stede can model 16,176 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of June 2026, Penzance has a median estimated value of £287,126 and an average of £335,735.

Modelled values in Penzance are +4% over the past year and +7% over five years.

The market here is mostly mid-terrace houses, which make up 41% of the properties Stede tracks in Penzance.

381 sales were recorded in Penzance over the past 12 months.

Common questions

What is the average house price in Penzance?

As of June 2026, the average estimated value is £335,735 and the median is £287,126 across 16,176 properties Stede tracks in Penzance. This is not a formal market valuation.

Are house prices in Penzance going up or down?

Modelled values in Penzance are +4% over the past year and +7% over five years, based on the UK House Price Index.

What types of property are in Penzance?

41% of the properties Stede tracks in Penzance are mid-terrace houses. detached houses are next most common, at 28%.

How many properties are in Penzance?

Stede can model 16,176 properties in Penzance, with 381 recorded sales in the past 12 months.

How does Stede calculate house prices for Penzance?

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources used for every individual property valuation on Stede. Full detail is on the methodology page.

How we calculate this

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources behind every individual property valuation on Stede.

Read the full methodology and data sources →